Press Release
New leaders introduced and detailed sessions for all products provided updates on enhancements and planned roadmaps for P&C and L&A and Group core, digital, data, AI/ML and distribution solutions
Morristown, NJ – November 2nd , 2021 – Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the completion of a successful Fall Product Council. The three-day virtual event featured new breakout sessions on Majesco’s cloud strategy & architecture as well as Majesco’s new Data & Analytics business unit. Eleven general and breakout sessions outlined the latest product updates and innovations as well as 2022 and beyond roadmap plans. These updates and plans will enable Majesco customers to meet the accelerating market shifts and demands from customer expectations, new products, expanding channels, and use of emerging technologies that continue to shape the future of insurance.
In the opening session, Majesco CEO Adam Elster summarized the significant business growth, product innovation, cloud adoption and partner expansion in the 12 months since Thoma Bravo acquired Majesco. Majesco’s President and Chief Product Officer, Manish Shah followed with product updates and a lively panel discussion that introduced key new product leads that will further drive Majesco’s product leadership and innovation including:
Through Majesco’s cloud-native core containerization efforts, along with its robust Digital1st® platform and new Data & Analytics business, Majesco is providing the market with an intelligent digital insurance platform that ties together Majesco core solutions with embedded data and AI/ML along with a powerful digital experience low code / no code platform that delivers a next-gen business capabilities and customer experience.
“We’ve had so much change and growth this year — from the ClaimVantage and Utilant acquisitions to rapidly expanding SI partners and customer wins and implementations – that Product Council offers a great way to bring our customers together to engage with each other, recap our innovations, gather input on the roadmap and ensure we are aligned to what the industry and customer priorities are as we shape the future together,” commented Manish Shah. “This council meeting was particularly exciting to introduce new and innovative advancements and plans for our cloud, digital and data strategies that will keep our customers at the leading edge of the competition and market shifts.”
About Majesco
Majesco is the leading software partner to both the P&C and L&A insurance markets to modernize, optimize and innovate their businesses at speed and scale. Over 330 insurers, from greenfields, start-ups and MGAs to the largest insurers, reinsurers and brokers use Majesco’s next generation SaaS platform solutions of core, data and analytics, digital, distribution, absence management and a rich ecosystem marketplace of established and InsurTech partners to build the future of insurance.
Our technology, expertise and leadership help insurers innovate and connect to build the future of their business. With over 825 successful implementations and over 65% of our customers on Cloud with Majesco platform solutions, together we have an amazing track record of innovation and real-world results. For more details on Majesco, please visit www.majesco.com.